$TRX Surges – Can the Bulls Maintain the Momentum?
$TRX is currently trading at $0.2511, pushing higher with strong bullish momentum. Buyers are clearly in control, but the rally is nearing key resistance areas where a slowdown or reversal could occur.
Key Levels to Monitor:
Resistance Zone:
$0.2520 – $0.2550
A breakout above this range could pave the way for a more extended move upward.
Support Zone:
$0.2480 – $0.2460
If the price pulls back, holding this support will be critical to sustain the bullish trend.
Trade Plan – Prioritize Continuation Plays:
Bullish Setup:
Entry: On a confirmed breakout above $0.2520
TP1: $0.2550
TP2: $0.2580
Stop-Loss: Below $0.2480
Bearish Setup:
Entry: On a breakdown below $0.2480
TP1: $0.2460
TP2: $0.2435
Stop-Loss: Above $0.2520
Strong rallies can fade fast if resistance holds firm. Stay cautious, protect profits, and avoid chasing after moves without confirmation.
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